Company Formation

Formation of a company is the very first step towards a starting happening a business. Company Registration is one of the most dominant services on which our fixed idea is lively in Hindpiri. People present competitive pricing for forming a company at the cost of indispensable timing of the clients. Since the process of company formation is enormously online we at Meerad come occurring with the allowance for our client in the same way as fastest Registration services in a cost efficient and timely manner.

A part from Company registration we also come in the works with the grant for gamut of facilities which is one of the major advantage any investor shall have if they employ us for the registration process. We have a culmination to pinnacle timeline of 7 in action days for completing any type of Company registration in Hindpiri provided the documents as provided by the client is usual and the information pure by him is unmodified in everything respect.

Company by definition is a separate legal entity clear from its members or directors. Initially a minimum of 2 members were required for incorporating a company but Companies Act, 2013 has brought the concept of One Person Company whereby single-handedly a single aficionado can incorporate a company subject to distinct terms and conditions.

Before going for registration it is essential to judge which type of company shall be best suited for the purpose. The main take aim of this article is to urge on you choose the best concern format.

WHY COMPANY?

In order to offer your idea a platform to gift yourself in the operational business environment.
Because it has centralized registration and on your own one endorse will serve all over the country for the intention of entering into conformity or agreements, and local office can in addition to be opened in the publicize of company by just taking a easy local registration (Form-3,MSME etc.).
Because it has global confession and shall bring the matter at par subsequent to global stakeholders and competitors.

STEPS INVOLVED IN INCORPORATION OF A COMPANY

STEP 1: CHOOSING THE BEST SUITED BUSINESS FORMAT

Once the business Place is ascertained, the entirely next step is choosing the type of thing registration. Various factors which are required to be kept in mind even if choosing a thing format are:

Number of followers or members practicing in the business
Activity proposed to be undertaken
Area where such bustle shall take place
Investment required in the business
Budget allotted to business registration

STEP 2: GIVING A NAME TO THE BUSINESS

The most hard part of company registration is finding a unique reveal of the company. A company reveal generally consists of 3 parts, First Part is the Part we pick and it must be unique in whatever respect, Second Part defines the business argument proposed to be undertaken or Place of feign of the company, like construction, education, services etc, Last part determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.

Choosing the first part is the most perplexing process. The herald must be identical in everything respect and must take steps mere attraction to any existing company or registered Trademark.

Search aptitude is available on MCA portal whereby the clients can check the availability of name on both mca as with ease as register of Trademark.

Ministry of Corporate Affairs has along with introduced a unique name reservation facility whereby the promoters can provide 2 declare and if the declare is within reach MCA shall unfriendliness such proclaim which shall be genial for registration for the bordering 20 days. Clients can next avail this capability by paying new cost for name reservation.

STEP 3: PREPARATION OF DOCUMENTS AND FORMS

Documents are prepared and various forms are filled in order to Begin the process of Company Registration.

STEP 4: OBTAINING DIGITAL SIGNATURE CERTIFICATE

Class II Digital Signature Certificate is required for filing various forms similar to MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best war the business objection of the company.

STEP 6: FILING OF FORMS WITH MCA

Once all the forms are filled and signed it is then uploaded upon the mca portal and based on the documents attached and subject to the availability of names and all other applicable rules and laws MCA shall issue authorize of Registration

WHICH COMPANY YOU SHOULD REGISTER?

Indian decree provides for basically three types of companies, depending on the number of members and proposed upheaval you can pick you type and prepare your documents accordingly.
1. One Person Company

This is a definitely new concept whereby a single person can incorporate a company, this company comes under the definition of a Private limited Company.

Person incorporating the company must inform at the era of combination a Nominee who in the matter of death or incapacity of the aficionada shall became the supporter of the company.

One Person Company can have a maximum of upto 15 directors, but the shall be only one shareholder.

Restriction on One Person Company:

There shall be unaccompanied one believer in the company.

The Authorised portion capital of the company shall be less than or equal to Rs. 50 lakh
Annual turnover of the company in a definite financial year shall not at any reduction exceed Rs. 2 crore.

In the business of non consent of any of the above mentioned three points, the Director of the company shall compulsorily convert the One Person company into Private or Public Company.

Documents/Information Required for Incorporating an OPC

Sole Member and Nominee

A copy of PAN
A copy of Voter ID or Driving License or Aadhar Card
Upto date bank passbook or bank upholding or utility checking account in the publish of supporter or nominee.
2 Passport size photograph
Mobile Number and E mail Id

For Registered Office

A copy of Electricity Bill or A copy of Gas balance and Gas Passbook

Company Name and Object.

NOTE:

Name of the One Person company shall fall with ……..(OPC) Private Limited.
Utility Bills shall not be older than 2 months.

2. Private Company

Best suited issue format whereby a minimum of 2 members can incorporate the company by fulfilling certain formalities. Private limited company does not have any restriction with reverence of number of members or turnover or allocation capital as there is past the one person company. So a person can accomplish business in hassle clear manner without heartbreaking about any impending non compliance. A private limited company shall have atleast 2 directors at any point of time.

Restrictions upon Private Limited Company:

Shares of a private limited are not freely transferable, a zealot can transfer his/her allocation only after taking comply of whatever the extra shareholders.
A private company cannot manage to pay for directly to public to subscribe for its securities.

Documents/Information Required for Incorporating a Private Limited Company

Members (Minimum 2)

A copy of PAN
A copy of Voter ID or Driving License or Aadhar Card
Up to date bank passbook or bank pronouncement or utility savings account in the say of members
2 Passport size photograph
Mobile Number and E mail Id

For Registered Office

A copy of Electricity Bill or A copy of Gas credit and Gas Passbook

Company Name and Object.

The Name of the company ends bearing in mind the word PRIVATE LIMITED

3. PUBLIC COMPANY

A minimum of 7 members out of which minimum 3 shall be the directors can incorporate a Public company to cater there situation needs.

This is the most immense and versatile form of event registration whereby public in general can as well as invest their money and accept part in active buildup of the company.

Public company limits the minimum number of embers to 7 but there is no such restrictions on maximum number of members. Incorporating a public company takes longer era in comparison to supplementary forms of situation registration.

Documents/Information Required for Incorporating a PUBLIC Limited Company

Members (Minimum 7)

A copy of PAN
A copy of Voter ID or Driving License or Aadhaar Card
Up to date bank passbook or bank upholding or utility checking account in the publicize of members
2 Passport size photograph
Mobile Number and E mail Id

For Registered Office

A copy of Electricity Bill or A copy of Gas tally and Gas Passbook

Company Name and Object.

The Name of the company ends considering the word LIMITED

Contact us at

+91-85400-78000,

+91-85400-85000,

+91-85400-99000 (Calls and Whatapps both)

Email us at: info@meerad.in,